Arlington Asset Investment (NYSE:AI) released its quarterly earnings results on Tuesday. The financial services provider reported $0.58 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.38, Bloomberg Earnings reports. Arlington Asset Investment had a negative net margin of 27.20% and a negative return on equity of 8.36%. The business had revenue of $15.66 million for the quarter, compared to analysts’ expectations of $18.14 million.

Arlington Asset Investment (AI) traded up $0.53 on Wednesday, reaching $10.73. 1,082,356 shares of the company’s stock traded hands, compared to its average volume of 553,270. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $301.95, a price-to-earnings ratio of -7.35 and a beta of 0.83. Arlington Asset Investment has a 12 month low of $9.90 and a 12 month high of $15.51.

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The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Friday, December 29th were paid a $0.55 dividend. The ex-dividend date was Thursday, December 28th. This represents a $2.20 dividend on an annualized basis and a yield of 20.50%. Arlington Asset Investment’s payout ratio is presently -150.68%.

AI has been the topic of several research analyst reports. ValuEngine raised shares of Arlington Asset Investment from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. FBR & Co reissued a “hold” rating and set a $13.00 price target on shares of Arlington Asset Investment in a research note on Friday, October 27th. Finally, Zacks Investment Research cut shares of Arlington Asset Investment from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Arlington Asset Investment currently has a consensus rating of “Buy” and a consensus price target of $13.81.

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Arlington Asset Investment Company Profile

Arlington Asset Investment Corp. is an investment company. The Company focuses on acquiring and holding a levered portfolio of residential mortgage-backed securities (MBS), consisting of agency MBS and private-label MBS. Agency MBS include residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a United States Government agency or government-sponsored enterprise (GSE), such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).